IndiaInsurance
5th May 2010, 07:27 AM
The insurers are planning to make suitable changes in their existing products to comply with the latest norms issued by the Insurance Regulatory & Development Authority(Irda)on Monday. K****ij Jain, MD & CEO, ING Vysya, said the company will have to rejig quite a few out of the nine Ulip products the company has. In fact, the new guidelines will help customers know that unlike mutual fund, Ulips are meant for long-term duration. The Irda move will bring more life cover to the pension products, which is a welcome move. In this way, it will also help resolve ongoing Sebi-Irda spat ...
More... (http://in.biz.yahoo.com/100504/50/bavj0e.html)
More... (http://in.biz.yahoo.com/100504/50/bavj0e.html)